gold price decrease or increase
Gold Price: Gold has become this much cheaper than the record high, know the rate of 24k . The price of gold is once again witnessing a fall. Gold has become cheaper by Rs 6658 per 10 grams from its record high. Due to the fall in the price of gold, the hope of ending the ongoing trade war between the US and China has increased and both countries can be ready to deal with each other at any time.
Now due to this effect, the price of gold is decreasing every day from global to bullion market and MCX. On Friday, the price of 10 grams of gold (Gold Rates) in MCX was Rs 92,700, which is Rs 6658 cheaper than the record high of Rs 99,358 per 10 grams. Spot gold closed at 3240.88 per ounce in the international market. At the same time, Comex gold closed at 3257 per ounce.
Will gold become expensive now?
Commodity market experts are saying that the gold price has fallen due to the cooling down of the ongoing trade war between the US and China. According to reports, the US may reduce the tariff imposed on China. After such reports, the dollar is strengthening and this may be a setback for the further rise of gold. Some experts say that in the period of uncertainty, the rate of gold can trade between Rs 92000 and Rs 94500 per 10 grams.
What is the price of gold in Delhi?
After reaching a record high of Rs 1 lakh, the price of gold (Gold Price Down) is falling every day. The price of gold in Delhi is Rs 92650 per 10 grams and the rate of gold in Mumbai is Rs 92,810 per 10 grams.
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